What is the major reason for Altcoins fall?

[dolcefarniente]

The cryptocurrency market is not driven by fundamental reasons and is not based on real, traditional values. Crypto coins and tokens are ordinary records in computers, the value of which is determined only by people's belief in them and inflated hype. Smart and wealthy "uncles" easily manipulate this belief for their own benefit.

[Traderbtcc]

Well it's so unfortunate that prices are dumping real bad, this isn't a time for bear season, the bull run was supposed to continue untill the sudden news came up which caused a disaster in the market, the news of China placing a ban on crypto has made so much inflow of crypto into exchanges which means people are already panicking and selling, so this is the reason for the price dump and I just hope for prices to retrace back to the top because am already in a great loss.

[tyr0699]

The bear market is so persistence since last week and some people have lost some money in the crypto investment, what could be the cause of altcoins falling, i hope many coins in the cryptomarket should survive the bear market, because many coin cannot actually make it again after the crypto market may have increase in value

The volatility of cryptocurrencies nowadays is influenced unfortunately by public people, for me a coin that can maintain itself due to the market must have a utility, https://www.altcoinstalks.com/index.php?topic=220834.0 , for example

[Sazid Saleem]

bitcoin is oppp

[tervel]

Ethereum is commonly perceived as a leading indicator for the altcoin market. So a relatively high correlation right now suggests that if Bitcoin falls, so too will Ethereum and the altcoin market.

[DAMKAR]

The bear market is so persistence since last week and some people have lost some money in the crypto investment, what could be the cause of altcoins falling, i hope many coins in the cryptomarket should survive the bear market, because many coin cannot actually make it again after the crypto market may have increase in value

Because bitcoin falled, I think It's the main reason why altcoins fall.
Bitcoin is the king of crypto currency and the trend centre of crypto.
Keep calm and always see the market.
I think it's the right time to buy more coins and hold.

[MrSpasybo]

In my opinion, the main reason for the sharp drop in Altcoins price is the decline in Bitcoin price. When BTC price plummets, investor confidence in the crypto market will decrease and they will be inclined to sell ALT to cash out USDT or invest in BTC. The recent correction clearly shows this: BTC is down 50% but ALT is usually 75%-80% down.

[Callisto]

The main reason for the fall of altcoins is, of course, the fall of bitcoin itself, because a huge number of altcoins are traded in tandem with bitcoin, bitcoin falls, altcoins immediately fall - the sequence has already grown into a pattern. some altcoins of course do not fall due to their manufacturability...

[satpol_PP]

The bear market is so persistence since last week and some people have lost some money in the crypto investment, what could be the cause of altcoins falling, i hope many coins in the cryptomarket should survive the bear market, because many coin cannot actually make it again after the crypto market may have increase in value

I think the basic factor why crypto currency falled, I think demand and supply.
Demand is lower now, I think It is the reason why the crypto price go down. Negative issue and several government blocked bitcoin mining, It's also the reason why.
Keep calm, crypto will recover again soon.

[Nil Nil Akash]

Bitcoin is the main reason because all coin depend on bitcoin. when bitcoin down than altcoin fell very fast. and one of the best reason is from last some week we see bad news on market. and now market vol is very low this is the another reason

[Senin]

Any period of price growth is always followed by a period of its fall. These cycles are constantly changing, and this gives the opportunity to profit from the participants in this market. This market is also influenced by positive or negative news information. It all works in a complex and sometimes even difficult to understand and it seems that the rise or fall occurs for no reason. So, recently we have seen a continuous drop in prices, and today the entire cryptocurrency is already in green color, and the percentage growth looks impressive.

[syedrasool2011]

Market is bear no resion sir when bitcoin dump then altcoin will dump still market is bear in future altcoins coin will pump September but market will dip more to 22k if you buy in dip in future will give you good profit

[Bobcrypto]

The bear market is so persistence since last week and some people have lost some money in the crypto investment, what could be the cause of altcoins falling, i hope many coins in the cryptomarket should survive the bear market, because many coin cannot actually make it again after the crypto market may have increase in value

The best reason for altcoins fall can be seen on the BTC price movements, in other words, a fall in BTC price bring down the prices of all altcoins. BTC fall is 90 reason while altcoins fall. As a matter of facts, bitcoin drive the antire crypto market everyday and a price fall on Bitcoin will generally affect all altcoins in the market.